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Liam Dann: The cycle had to be broken with minimum wage

Author
Newstalk ZB,
Publish Date
Thu, 1 Feb 2024, 7:45pm
The minimum wage is increasing. (Photo / Getty)
The minimum wage is increasing. (Photo / Getty)

Liam Dann: The cycle had to be broken with minimum wage

Author
Newstalk ZB,
Publish Date
Thu, 1 Feb 2024, 7:45pm

The minimum wage is set to go up by 45 cents to $23.15, starting April 1.

This two percent increase will affect between 80,000 and 140,000 Kiwi workers.

NZ Herald business editor at large Liam Dann says a reduced increase is the best circuit-breaker for the economy, as the fight to bring down inflation drags on.

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